The reconstituted Fiscal Incentives Review Board (FIRB) approved in 2021 the grant of tax incentives to five big-ticket projects with a combined investment capital of P119.5 billion, of which four…
The Philippine Trade Facilitation Committee (PTFC) Roadmap is an action plan containing the short- and medium-term activities of the Committee that would lead to the provision of a world-class international…
Finance Secretary Carlos Dominguez III has called on his fellow finance ministers and the central bank governors in the Association of Southeast Asian Nations (ASEAN) to explore new avenues for…
Under its Oplan Kandado program, the Bureau of Internal Revenue (BIR) shut down the operations of 523 establishments in 2021 for various tax code violations, which resulted in a revenue…
The Sulong Pilipinas consultative platform initiated since 2016 by President Duterte to get the inputs of the private sector on how to improve governance best represents the “inclusive, responsive” approach…
President Duterte has “masterfully steered” the Philippines from being an inward-looking economy to one that is ready to compete with the rest of the world, through his slew of hard-won…
State-owned Philippine Guarantee Corporation (PHILGUARANTEE) has reached nearly P3-billion in financing assistance to micro, small and medium enterprises (MSMEs) through its credit guarantee facilities, in line with its key assistance…
The Department of Finance (DOF) worked closely with lawmakers in 2021 to ensure the enactment into law of several economic reform measures designed to aid the economy’s rapid recovery this…
Finance Secretary Carlos Dominguez III said Friday the impressive growth of the insurance industry in 2021 mirrors the efficiency and swift action of the Insurance Commission (IC) in maximizing the…
Finance Secretary Carlos Dominguez III said Thursday the Philippines looks forward to working with the United Arab Emirates (UAE) in conceptualizing and implementing innovative energy efficiency programs to contribute to…
